Montem Resources is the owner of six world class coking coal properties, with a combined in-place JORC resource of 163 million tonnes.
The Chinook Coal Properties span across two blocks and comprise a total of six coal properties. there are four brownfield properties which have been mined previously: Tent Mountain mine, Chinook South project, Chinook North project and the Vicary-Racehorse project. There are also two greenfield exploration areas called Isola and Oldman. The properties are a source of medium volatile bituminous coking coal and have a combined JORC resource of 163 million tonnes (130Mt Indicated, 33Mt Inferred)
The properties are located near the town of Coleman in southwest Alberta and adjacent to the British Columbia border. The sites are accessible by an all-weather highway and thereafter via local access roads. Power and natural gas transmission facilities transect the immediate area and a main east-west line of the Canadian Pacific Railway runs through Coleman and the Chinook properties. Moreover, there are several significant water resources within the Tent Mountain mine permit boundary.
Regional Geologic Setting
The Chinook Coal Properties lie within the Rocky Mountain Front Ranges and west of the major Lewis Thrust. The resulting deformation is associated with shearing, pinching, swelling and imbrication of coal beds. This has resulted in the thickening of coals in the cores of flexures and thinning along structural flanks. The area is also characterized by a series of imbricated anticlines and synclines that trend to the northwest and are separated by a series of thrust faults. Consequently, the coal beds are commonly repeated in an east-west direction.